2849 Council Street Los Angeles, CA ^$ 1,250,000

2849 Council Street

^$ 1,250,000

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2849 Council Street

Los Angeles, CA, 90026

^$ 1,250,000

Bedrooms6 Baths2.0 Sq 2,536

Monthly Estimate*

^$ 7,696

Listed by Sotheby's International Realty

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Multi-Family Home for sale in Los Angeles, CA

for $1,250,000 with 6 bedrooms and 2 full baths. This 2,536 square foot home was built in 1996 on a lot size of 0.1103.

We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [All 3-units are 100% occupied and to be sold with residents - total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200-208 N Reno St. or offered individually at $650,000.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1103

Year Built

1996

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26686469

Days on Market

Features

General

Living Area 2536

Sewer Other

Heating Natural Gas

Zoning LAR3

Architectural Style Traditional

Security Features Gated Community

Year Built 1996

Stories Count 2

Levels Two

Gross Income 41064

Community Features Gated

County Los Angeles

Net Operating Income 19710

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Sotheby's International Realty as the exclusive listing agent is pleased to offer for sale The Reno Council Portfolio a collection of 5 residential apartment homes located one block south of Temple St. in the emerging Historic Filipinotown neighborhood of Echo Park Los Angeles CA.

City Los Angeles

Senior Community Y/N false

High School District Los Angeles Unified

Number Of Units Total 2

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 4803

Carport Spaces 4

Carport Y/N true

Property Attached Y/N true

Property Condition Fixer

Additional Parcels Y/N false

Rent Control Y/N false

Standard Status Active

Occupancy Type Tenant

Cap Rate 3.03

Interior

Total Stories 2

Common Walls 1 Common Wall

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 6

Total Baths 4

Exterior

Parking Features Detached Carport

Total Parking 4

Lot Size Area 4803

Number of Buildings 1

Building Area Total 2536

Lot Size Acres 0.1103

* Excluded Features

List By

Sotheby's International Realty

Broker

matt.maun@sothebys.realty

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$7,696

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Monthly Principal & Interest: $7,696
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,876,046

Percent of Sale Price 50%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/9/2026	$1,250,000		Listed Price

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2849 Council Street, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $1,250,000 with 2,536 sqft and a lot size of 0.1103. 2849 Council Street has 6 bedrooms, 2.0 baths, and was built in 1996. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2849 Council Street

Multi-Family Home for sale in Los Angeles, CA

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